Form Type: 4

SEC EDGAR Link
Accession Number:0001364954-19-000163
Date:2019-06-20
Issuer: CHEGG, INC (CHGG)
Original Submission Date:

Reporting Person:

ROSENSWEIG DANIEL
C/O CHEGG, INC
3990 FREEDOM CIR SANTA CLARA, CA 95054

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-06-20 M 100,000 a $12.50 2,322,754 direct
COMMON STOCK 2019-06-20 S 100,000 d $39.85 2,222,754 direct
COMMON STOCK 2019-06-20 M 50,000 a $12.50 2,272,754 direct
COMMON STOCK 2019-06-20 S 50,000 d $39.85 2,222,754 direct
COMMON STOCK 2019-06-20 M 10,000 a $7.88 10,000 indirect f5
COMMON STOCK 2019-06-20 S 10,000 d $39.97 0 indirect f5
COMMON STOCK 2019-06-20 M 5,000 a $7.88 5,000 indirect f5
COMMON STOCK 2019-06-20 S 5,000 d $40.05 0 indirect f5
COMMON STOCK 2019-06-20 0 $0.00 69,346 indirect f8
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 12.5 2019-06-20 deemed execution date M 100,000 (d) 2023-11-11 common stock 100,000 $12.50 431,073 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 12.5 2019-06-20 deemed execution date M 50,000 (d) 2023-11-11 common stock 50,000 $12.50 381,073 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 7.875 2019-06-20 deemed execution date M 10,000 (d) 2020-02-03 common stock 10,000 $7.88 13,251 indirect see footnote
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 7.875 2019-06-20 deemed execution date M 5,000 (d) 2020-02-03 common stock 5,000 $7.88 8,251 indirect see footnote
Footnotes
IDfootnote
f1 the exercise of options and sale of the resultant shares reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on february 14, 2019.
f2 this transaction was executed in multiple trades at prices ranging from $39.41 to $40.64; the price reported above reflects the weighted average sale price. the reporting person will provide to the commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
f3 this transaction was executed in multiple trades at prices ranging from $39.43 to $40.60; the price reported above reflects the weighted average sale price. the reporting person will provide to the commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
f4 the exercise of options and sale of the resultant shares reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by daniel lee rosensweig and linda rosensweig, co-trustees of the rosensweig 2012 irrevocable children's trust u/a/d 11/6/2012 on february 14, 2019.
f5 held by daniel l and linda rosensweig, co-trustees of the rosensweig 2012 irrevocable children's trust u/a/d 11/6/2012. the reporting person is a co-trustee.
f6 this transaction was executed in multiple trades at prices ranging from $39.43 to $40.61; the price reported above reflects the weighted average sale price. the reporting person will provide to the commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
f7 this transaction was executed in multiple trades at prices ranging from $39.70 to $40.61; the price reported above reflects the weighted average sale price. the reporting person will provide to the commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
f8 held by daniel l and linda rosensweig, co-trustees of the rosensweig family revocable trust u/a/d 03-12-07. the reporting person is a co-trustee.
f9 the stock option grant is fully vested.
f10 the stock option will vest as to 33% of the total number of shares on november 12, 2014, and thereafter shall vest as to 1/24 of the remaining shares in equal monthly installments, until such time as the option is 100%, vested subject to the continuing employment of the reporting person on each vesting date.
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